Automotive Automotive Gesture Recognition Systems Market | Seite 2

recognition systems. The market in the region has incorporated some of the
most advanced technologies in vehicle automation, and offers wide-scale
technological adoption rate. The market in Europe region is anticipated to
witness robust growth owing to the presence of most prominent global car
manufacturers that additionally cater to the huge demand for gesture
recognition systems, whereas the market in Asia Pacific is estimated to grow
significantly on the back of growing demand for cars in the region.
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Government Initiatives and Recent Product Developments to
Promote Industry Growth
Growing government initiatives with an aim to promote the utilization of
electric vehicles coupled with latest product developments to enhance the
safety of drivers as well as the vehicles are some of the notable factors that
are anticipated to support the growth of the market in upcoming years.
However, the high cost associated with these systems is anticipated to hinder
the growth of the market over the forecast period.
Further, for the in-depth analysis, the report encompasses the industry
growth drivers, restraints, supply and demand risk, market attractiveness,
BPS analysis and Porter’s five force model.
This report also provides the existing competitive scenario of some of the key
players of the automotive gesture recognition systems market which includes
company profiling of Cognitec Systems GmbH, Continental AG, HARMAN
International (SAMSUNG), NXP Semiconductors, Sony Depthsensing
Solutions, Visteon, Gestigon GmbH, Synaptics Inc., Visteon Corporation and